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Revision as of 05:57, 23 July 2026 by DavidVeksler (talk | contribs) (Rewrite the introduction: state independence from the Mises Institute, drop the contributor invitation, fix project-namespace prefixes)
Welcome to the Austrian Economics Wiki,
the global repository of classical-liberal thought that anyone can edit

The Austrian Economics Wiki is an independent continuation of the Mises Wiki, a wiki project dedicated to the advancement of the Austrian School of Economics and related thought. The original was founded on 5 November 2010 and was sponsored by the Ludwig von Mises Institute. This site is maintained independently and is not affiliated with, endorsed by, or sponsored by the Mises Institute. Its 1,418 articles are the Mises Wiki corpus as it stood in February 2014, restored here with full revision history and original authorship. Editing is closed while the project is being rebuilt. See the about page and the community portal for more about the project.

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Carl Menger

The Austrian School of Economics derives its name from its Austrian founders and early supporters, including Carl Menger, Eugen von Böhm-Bawerk and Ludwig von Mises. Other significant economists include Henry Hazlitt, Murray Rothbard and Nobel Laureate Friedrich Hayek. This school emphasizes the spontaneous organizing power of the price mechanism and holds that the complexity of subjective human choices makes mathematical modeling of the evolving market extremely difficult (or impossible). Its proponents tend to advocate a laissez faire approach to the economy and the enforcement of voluntary contractual agreements between economic agents, but otherwise the smallest imposition of coercive force (especially government-imposed) on commercial transactions. (more...)

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